Papantonio: Offshore Banking Threatening Economic Stability (VIDEO)

When pressed for answers as to why wealthy Americans choose to hide their fortunes in offshore accounts, they typically give the right wing response that America’s taxes are too high. But a new report by the International Consortium of Investigative Journalists shows us that the tax dodging is just a small part of the puzzle. Ring of Fire’s Mike Papantonio speaks with economist Richard Wolff to discuss the report.